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IndiGo posts Rs 130 crore profit in Q3

Revenue from operations jumped to Rs 9,294.8 crore in the latest December quarter compared to Rs 4,910 crore in the same period a year ago.

Written by PTI
"I am pleased that we were able to report a profit for the third quarter. It demonstrates that our business model is fundamentally strong.
"I am pleased that we were able to report a profit for the third quarter. It demonstrates that our business model is fundamentally strong.

InterGlobe Aviation, the parent of the country’s largest airline IndiGo, on Friday reported a profit after tax of Rs 129.8 crore in the three months ended December 2021.

The company had posted a loss of Rs 620.1 crore in the year-ago period.

Revenue from operations jumped to Rs 9,294.8 crore in the latest December quarter compared to Rs 4,910 crore in the same period a year ago.

“I am pleased that we were able to report a profit for the third quarter. It demonstrates that our business model is fundamentally strong.

“Our employees have remained a pillar of strength throughout this health crisis and have steadfastly provided superior service to our customers,” IndiGo CEO Ronojoy Dutta said in a statement.

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